Price for Poly(Lactic Acid); in Primary Forms in Norway - 2023

Contents:

  1. Price for Poly(Lactic Acid); in Primary Forms in Norway (CIF) - 2022
  2. Price for Poly(Lactic Acid); in Primary Forms in Norway (FOB) - 2022
  3. Imports of Poly(Lactic Acid); in Primary Forms in Norway
  4. Exports of Poly(Lactic Acid); in Primary Forms in Norway

Price for Poly(Lactic Acid); in Primary Forms in Norway (CIF) - 2022

The average import price for poly(lactic acid); in primary formses stood at $10,206 per ton in 2022, increasing by 11% against the previous year. Overall, the import price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2016 an increase of 121% against the previous year. The import price peaked at $11,328 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($21,531 per ton), while the price for the UK ($8,668 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Poly(Lactic Acid); in Primary Forms in Norway (FOB) - 2022

In 2022, the average export price for poly(lactic acid); in primary formses amounted to $7,200 per ton, jumping by 57% against the previous year. In general, the export price posted a remarkable increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 489% against the previous year. As a result, the export price attained the peak level of $13,394 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($7,348 per ton), while the average price for exports to the Netherlands amounted to $3,911 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-1.7%).

Imports of Poly(Lactic Acid); in Primary Forms in Norway

Poly(lactic acid); in primary forms imports into Norway soared to 24 tons in 2022, rising by 409% on the year before. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, poly(lactic acid); in primary forms imports soared to $247K in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Poly(Lactic Acid); in Primary Forms in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom7.333.013.2148172.7%
United States0.713.65.379.2383.7%
China0.40.80.19.1183.4%
Denmark31.153.01.20.2-81.4%
Others11.722.023.810.4-3.9%
Total51.212243.724769.0%

Top Suppliers of Poly(Lactic Acid); in Primary Forms to Norway in 2022:

  1. Denmark (undefined tons)
  2. United Kingdom (17.1 tons)
  3. United States (5.8 tons)
  4. China (0.9 tons)

Exports of Poly(Lactic Acid); in Primary Forms in Norway

Poly(lactic acid); in primary forms exports from Norway fell notably to 1.2 tons in 2022, waning by -41.2% compared with the year before. Over the period under review, exports faced a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 64%.

In value terms, poly(lactic acid); in primary forms exports dropped to $8.7K in 2022. In general, exports faced a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 18%.

Export of Poly(Lactic Acid); in Primary Forms in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IrelandN/AN/AN/A4.30%
Netherlands0.38.04.90.2-12.6%
Thailand15.7N/AN/AN/A0%
OthersN/AN/A4.54.3-4.4%
Total16.08.09.48.7-18.4%

Top Export Markets for Poly(Lactic Acid); in Primary Forms from Norway in 2022:

  1. Ireland (580.0 kg)
  2. Netherlands (52.0 kg)

Source: IndexBox Market Intelligence Platform

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